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Eurotunnel shares
wadewade
Posts: 735 Forumite
I have some shares that I bought at the first launch. Worthless except for unlimited crossings at £1 a time.
The restructuring apparently takes away this concession so I did not tender my shares.
So what do I do now? I can still tender them but might it be better to keep them and see if they give way on the concession issue. Very little comment in the press presumably because not many people are affected.
The restructuring apparently takes away this concession so I did not tender my shares.
So what do I do now? I can still tender them but might it be better to keep them and see if they give way on the concession issue. Very little comment in the press presumably because not many people are affected.
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Comments
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If you keep your old shares they won't be listed anymore and so you won't be able to sell them on - and the company you have shares in will just liquidate and so you there won't be anyone giving you free crossings.
Don't take this as advice as I have only caught snippits of the news on TV and am (happily!) not a holder...0 -
Does anybody have any more information on this? My mum is in the same situation and I feel it is a right royal rip off happening.
Perhaps this is something for Martin Lewis aka "personal finance saviour" to have a look at?MFW 2010 - No. 151 - £583.39 of £9,000 OP Target (£540 so far for February 2010)0
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